The Small Business Administration’s Direct Forgiveness Portal for Paycheck Protection Program loans have been giving businesses a streamlined way to seek forgiveness of PPP loans of $150,000 or less ...
Did your company receive a Paycheck Protection Program loan for $150,000 or less, and have you not yet applied for loan forgiveness? The U.S. Small Business Association recently launched a Direct ...
PITTSBURGH — Pittsburgh’s biggest bank is using its own portal for PPP forgiveness applications instead of a newly launched one by the SBA where certain loan recipients can bypass their lenders.
For independent dealerships seeking to have their Paycheck Protection Program (PPP) forgiven, they are amongst a large number of other businesses. The U.S. Small Business Administration (SBA) ...
The agency said that 1 million small businesses have applied for forgiveness through its portal in less than two months. More than 1 million borrowers have applied for Paycheck Protection Program loan ...
Here is strong evidence the nation’s small businesses need support: 1 million of them have applied for Paycheck Protection Program (PPP) loan forgiveness with the U.S. Small Business Administration.
Iowa businesses with Paycheck Protection Program forgivable loans are now able to apply directly for loan forgiveness through an online portal. PPP borrowers can apply for forgiveness through the ...
The Small Business Administration (SBA) is making it easier for businesses to get their Payroll Protection Plan (PPP) loans forgiven, yet some of the nation’s largest lenders are opting to chart their ...
Though the Small Business Administration has forgiven about 60% of the nearly $793 billion in Paycheck Protection Program loans approved in 2020 and 2021, the process hasn’t always gone smoothly. The ...
The Small Business Administration and the Paycheck Protection Program lending community are at odds over what the SBA says is an attempt by some lenders to delay forgiveness into 2022. Now, one ...
In the first six weeks of operation, the U.S. Small Business Administration says more than 1 million Paycheck Protection Program borrowers have applied for direct forgiveness through a new portal.
As we wrote recently, the Paycheck Protection Program (“PPP”) was critical in helping small businesses stay afloat amidst the COVID-19 pandemic and resultant government restrictions on commerce. By ...